Keith Loria
Street-Works, Beal Cos. Bringing 3.5 MSF M-U Development to Quincy
Street Works Development and The Beal Cos. have teamed with the city of Quincy, Mass., on Merchants Row, the first major block of mixed-use development and pedestrian-friendly public space that is the first phase of the Quincy Center Master Development Plan.
McWhinney, Grand American Partner on 325 KSF M-U Property in Downtown Denver
McWhinney has partnered with Grand American to redevelop the city block between 18th/19th and Blake/Wazee streets in Denver’s vibrant lower downtown district.
CBRE: Increase in Class A Office Space, Creative Space in CBD is Imminent
The first quarter of 2013 Office OccupierView, a report by the CBRE Group, suggests that occupiers are showing an increased preference for both Class A office space in central business districts and creative space, typically characterized by large floor plates with open configurations.
KBS Buys $86M Denver Office Complex
KBS Strategic Opportunity REIT has purchased the Westmoor Center office complex in the Westminster submarket for $86 million.
Grossman Co. Receives $88M Financing for Arizona Grand Resort
Grossman Company Properties has secured $88 million in financing for its 740-key, all-suite Arizona Grand Resort located in Phoenix.
Muss Development to Build New Foxwoods Resort in Catskills
Foxwoods Resort Casino and Muss Development have signed a partnership agreement to build a destination resort style casino and hotel on a 500-acre site in Liberty, New York.
Tishman Speyer Acquires 570 KSF Paris Office Building
Global real estate owner, operator and developer Tishman Speyer has acquired Tour Pacific, a 570,000-square-foot office building in Paris from Ivanhoe Cambridge.
FASB, IASB Consider New Standards for Lease Accounting
The United States Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) issued a revised exposure draft outlining proposed changes to lease accounting that will alter current accounting and financial disclosure requirements for both real estate and equipment leases.
Blackstone Buys Four-Property Hilton Portfolio
The private equity giant’s real estate affiliate has acquired a 751-room, four-property Hilton Select Service portfolio from Sage Hospitality and Apollo Global Management.